The global mining sector is continuously growing due to increasing requirement of metals, coals, etc. For the extraction of metals, the process requires precise collection information. Inaccurate information waste lots of time and efforts. The traditional methods, such as total station and GNSS which is not suitable for safety concerns and also time consuming. The LiDAR drones provide precise information and overcome the challenges with respect to hazardous conditions, difficult topography and other mine-related issues. Due to this, the mining companies, such as National Mineral Development Corporation, Newmont and Alcoa are preferring drone technology.
Within the report, the LiDAR drone market is segmented into component, type, range, and application. On the basis of application, the LiDAR done market is segmented into LiDAR lasers, navigation & positioning systems, UAV cameras, and others. Based on type, the market is bifurcated into rotary-wing LiDAR drones and fixed-wing LiDAR drones. On the basis of range, the market is segmented into short-range LiDAR drones, medium-range LiDAR drones and long-range LiDAR drones. Based on application, the LiDAR drone market is segmented into corridor mapping, archeology, construction, environment, entertainment, precision agriculture, mining, and others). Geographically, the LiDAR drone market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.
LiDAR drone technology is capable to map smaller sites, however, due to the benefits associated with these drones, in recent years, these are also being used in large survey areas. LiDAR drones have become preferred choice of industries such as construction, agriculture and archeology over airborne LiDAR as, LiDAR drone is safe and provide precise results.
The end user industries in LiDAR drone market are the corridor mapping, archeology, construction, environment, entertainment, precision agriculture, mining, and others. These industries are preferring LiDAR drone technology to reduce time consumption and to get accurate results. For instance, in construction industry, the LiDAR drone helps to provide accurate elevation data; in precision agriculture, the LiDAR drones calculate yields as well as monitor drones.
The LiDAR drone market players have undergone several significant developments, and a few of these have been mentioned below:
The LiDAR drone market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Phoenix Aerial Systems; Velodyne LiDAR, Inc; Leica Geosystems AG; SICK AG; Riegl Laser Measurement Systems; 3D Robotics Inc.; DJI; FARO Technology; YellowScan; 3D Laser Mapping are among the prominent players operating in the LiDAR drone market.